I may agree if it was a 20% dilution round, but not if they are increasing from 3% to 7% dilution. Being so massively oversubscribed is a bullish sign, bad companies would be struggling to fill out their round.
can't see your point. this is already close to .1 so it can only go up. since it's series F it would be very likely to be at .2 as the parent said. but i would guess close to .5 or more by now. not counting all they had dole out to employees thanks to fb